Best Sports Prediction Markets for October 2025
By Kevin Wolff
Last Updated:
The popularity of prediction markets continues to rise, and users now have several options available when it comes to Sports Prediction Markets. With these online platforms, users in a variety of states have the ability to legally trade on a wide range of events including sports, politics, weather, and so much more.
Popular online prediction markets like Kalshi, Novig, Crypto.com, and Robinhood are all federally regulated and allow users throughout the country to safely trade on event outcomes. This page will break down and detail all the best options for online prediction market platforms.
Best Sports Prediction Markets and Apps (October 2025)
New users can claim a sign-up bonus when they register for an account on any of the prediction market platforms listed on this page. After securing the welcome offer, users will have the ability to trade event contracts for a variety of categories. Prediction market platforms are accessible as mobile apps as well as a website setting on internet browsers.
Kalshi
Kalshi is federally regulated and available to eligible users in 44 states throughout the country, offering the ability to trade on Sports, Politics, Financials, Culture, Crypto, Technology, Companies, Health, Climate, Transportation, and more. The Kalshi platform has been operational since 2021 and continues to grow its user-base. Kalshi’s sports prediction markets are a major reason for its popularity as it allows users to trade on sports in states where traditional sportsbooks are not available. New users who sign-up with the Kalshi promo code SDS can get a $10 sign-up bonus when they register with the link on this page.
Novig
Novig is currently available in 35 states and offers peer-to-peer trading on sports contracts. Traditional online sportsbooks have users betting against the house and paying a fee (vig) everytime they place wager. With Novig, there is ‘no vig’ as users will instead trade picks with other users on the platform. Novig sports market trading includes the ability to stake moneylines, props, over-under totals, and parlays for popular leagues like the NFL, NBA, UFC, MLB, and EPL. First-time users who register with the link on this page can claim 1,000 Novig Coins & 5 Novig Cash + 10% Off Your First Purchase Up To $100.
Crypto.com
Crypto.com offers complete coverage as its available in all 50 states and offers impressive options, including sports markets. Sports trading on Crypto.com is very straightforward and allows users to stake a yes or no side of an event contract. The correct side will win a $100 (USD) payout (per contract owned) while those who purchased sports event contracts for the incorrect side will lose only what they paid to stake their side. Crypto.com offers a terrific welcome bonus as new users can unlock up to one Bitcoin (1 BTC) worth of CRO rewards from trading on the platform.
Robinhood
Robinhood is available in all 50 states allowing users to trade stocks, options, crypto, sports event contracts, and more. The sports trading on Robinhood is part of the Predictions Hub and its specifically executed via CFTC-regulated exchange operated by Kalshi. The totally immersive Robinhood app allows users to keep everything in one portfolio as they can trade with no commission fees or account minimums and house their stocks, crypto, and sports event contracts all in one place. Robinhood allows new users to sign-up and receive one (1) share of a free stock which they can then use to trade on the platform.
How Prediction Markets Work
Prediction markets are very straightforward and offer a trading alternative from traditional sportsbooks. The unit of commerce is an event contract, with each contract having a yes or no outcome. Users stake sides and trade on those yes and no outcomes (affecting the prices of each side in the process), and then wait for the event to play out. Once an outcome has occurred, those who purchased the correct side of the yes/no event will keep the total value of the contract(s).
The yes/no sides of contracts are priced based on the probability of the event, and are then affected by users trading on the positions. This is different from traditional futures contracts, which are priced based on the expected values of commodities and financial instruments, or traditional sportsbooks which have betting lines set by oddsmakers.
How to Trade Contracts on Prediction Markets
Trading event contracts is very easy, and there is no shortage of categories for taking positions. Users can safely trade event contracts and predictions on several federally regulated platforms to call their shot across a variety of markets, including weather, politics, technology, economics, sports prediction markets, and more.
For example, an event contract could be as simple as “Will it rain in New York City today?” Users will have the ability to stake either side of the yes/no event contract, with each side price based on the probability of rain fall on that given day. As users trade contracts, buying and selling on either side of the event, the prices will change in accordance with the market action. Then, if it rains, the traders who purchased the ‘Yes’ side will win the full value of the event contract(s) and those who held the ‘No’ side will not win anything.
One of the most user-friendly aspects of prediction markets is the fact that traders can also sell their positions before the event in question has played out. And depending on how the market has moved since they initially purchased the event contract, they could stand to profit from selling positions early.
Prediction Market Trading Categories
Prediction markets offer a wide range of topics for users to trade on, so there’s never a shortage of options. Some of the most popular prediction market categories include Sports, Politics, Weather, Financial Markets, Health, Technology, and more.
Sports
Trade sports event contracts across popular sports and leagues like the NFL, NBA, MLB, NHL, MMA, Boxing, Soccer, Golf, Tennis, and others. Sports prediction markets are available for both professional and collegiate sports, brining even more options to the table. Examples could be users trading on a team to win the Super Bowl, the College Football Playoff, NBA Finals, and other major sporting events.
Politics
Politics is another massively popular prediction market field, allowing users to buy and sell contracts based on political outcomes. This could include a range of options like the result of an election (federal or state level), Supreme Court case ruling, government shutdowns, and more. Users had the ability to trade on the results of the 2024 US Presidential Election, and will once again have the ability to buy and sell event contracts for the 2026 mid terms.
Weather
Event traders can enjoy taking positions on Weather prediction markets for climates all around the world. Popular weather options include the high temperature in a city on a given day, snow or rainfall in a set location on a specified date, the occurrence of natural disasters like hurricanes, tornadoes, earthquakes, and more.
Financial Markets
Trading on Financial Markets is another popular option as users can buy and sell event contracts pertaining to stock prices, crypto, closing prices of the Nasdaq or S&P, and treasury yields, to name a few. With a prediction market platform like Robinhood, users can hold their actual stock positions, as well as financial event contracts, all under one roof in the same portfolio.
Health
Public Health is available as a trading category, with prediction markets for drug and vaccine approvals, number of prescriptions for a specific drug, public health emergency statuses, the breakout of a pandemic, and more.
Technology
Technology is another popular category for prediction markets, offering an impressive range of trading options. To give an example, users might see a market for the most downloaded iPhone app, or the release date of a new smartphone, tablet, or gaming system.
Sports Prediction Markets
There is no question that Sports Prediction Markets are some of the most popular event trading actions. Trading on sports is truly a premium option for eligible users, as it’s legal and available nationwide. Traditional sportsbooks, on the other hand, are only available in select states at this time. Fans can trade on all their favorite sports like football, basketball, baseball, hockey, combat sports, soccer, golf, tennis, and more.
Sports prediction markets allow users to lock-in on a specific game to predict winners, and they can also call their shot on future event outcomes like a team to reach the Playoffs, win their division, conference, or even the championship. Unlike traditional sports betting, users can also close (sell) their positions on sports event contracts before the event has taken place. And if the market has moved in their favor since they bought the contract(s), they could stand to profit from the transaction.
Prediction Markets Legal States
Prediction markets are legal in all 50 states, providing the ability for users nationwide to trade on federally regulated platforms. This is extremely beneficial, especially for the aspect of sports prediction markets. Currently, online and retail sports betting is only permitted in select states, but sports prediction markets are legal throughout the country.
As prediction markets continue to grow in popularity, users can expect to enjoy even more markets and trading options to stake positions across a variety of topics. As financial gamification continues to grow, prediction markets stand to gain an influx of investors looking to trade on just about anything.
Regulation for Online Prediction Markets
US-based prediction markets are federally regulated by the Commodity Futures Trading Commission (CFTC), ensuring safe and protected trading for all users. As the governing body for prediction markets, the CFTC is responsible for investigating violations of the CEA and the CFTC regulations, prohibiting event contracts that are unlawful or deemed to be contrary to public interest, and regulating security futures products (SFPs) alongside the Securities and Exchange Commission (SEC).
Sports Prediction Markets FAQ
What sports can I trade on Prediction Markets?
Users can enjoy prediction markets for all their favorite sports like football, basketball, soccer, baseball, golf, combat sports, hockey, and more.
What is the minimum age for Prediction Markets?
The CFTC stipulates that users must be at least 18 years of age to trade on Prediction Markets.
Where are Prediction Markets legal?
Online Prediction Market platforms are legal in all 50 states, providing nationwide trading ability for eligible users.
What can I trade on Prediction Markets?
Prediction Markets allow users to trade on a variety of outcomes for fields like politics, financial markets, sports, weather, technology, economics, health, and others.
Are Prediction Markets safe and trusted?
Yes, all legal US prediction market platforms are federally regulated by the Commodity Futures Trading Commission (CFTC) to ensure safe and fair trading practices for all users.
Can I download Prediction Market apps?
Yes, users can access popular prediction market platforms like Kalshi, Novig, and others via mobile app, as well as in a website setting.
After years of writing as well as Data Analyst work for Pro Football Focus, Kevin Wolff is now a Sports Betting Writer for SportRadar. A graduate of Fordham University in NYC, Kevin is also a full-time dog dad when he's not writing. He can be reached at k.wolff@sportradar.com
